Categories Economy HIGHLIGHTS Tim Ash: Turkey – are the economic problems just too big? Atilla YeşiladaPosted on8 September, 2023 It was encouraging this week to hear President Erdogan argue that tight monetary policy would … Continue ReadingTim Ash: Turkey – are the economic problems just too big?
Categories Business Economy HYPED Analysis: Medium Term Program – Government aims to bring down inflation without sacrificing growth Atilla YeşiladaPosted on7 September, 2023 The government aims to bring down inflation without sacrificing growth. The government released the new … Continue ReadingAnalysis: Medium Term Program – Government aims to bring down inflation without sacrificing growth
Categories Atilla Yeşilada Economy HIGHLIGHTS Turkey’s Medium Term Economic Program: Mostly wishful thinking, but….. Atilla YeşiladaPosted on7 September, 2023 Ankara jacked up its inflation forecasts and cut those of economic growth on Wednesday, as … Continue ReadingTurkey’s Medium Term Economic Program: Mostly wishful thinking, but…..
Categories Atilla Yeşilada Economy HIGHLIGHTS Politics Where is Turkey heading under Erdoğan’s rule? Atilla YeşiladaPosted on5 September, 2023 Middle East Analitika – by Dr. Miad Nakhavali Season 2 – Episode 8: special guest: Dr. … Continue ReadingWhere is Turkey heading under Erdoğan’s rule?
Categories Economy HIGHLIGHTS Bloomberg: World Bank in Talks to Double Turkey Exposure to $35 Billion Güldem AtabayPosted on5 September, 2023 As reported by Bloomberg, the World Bank is in advanced talks to potentially double its … Continue ReadingBloomberg: World Bank in Talks to Double Turkey Exposure to $35 Billion
Categories Economy Turkey’s annual inflation surges beyond expectations to 58.94 percent Güldem AtabayPosted on4 September, 2023 In August, Turkey witnessed an alarming surge in annual inflation to 58.94%, fueled by soaring … Continue ReadingTurkey’s annual inflation surges beyond expectations to 58.94 percent
Categories Economy HIGHLIGHTS Turkey August PMI: Manufacturing industry accelerated its contraction, inflation pressure remains strong Güldem AtabayPosted on1 September, 2023 In August, the Istanbul Chamber of Industry (ISO) Manufacturing PMI was reported at a level … Continue ReadingTurkey August PMI: Manufacturing industry accelerated its contraction, inflation pressure remains strong
Categories Economy HIGHLIGHTS Turkey’s consumer confidence continues to decline: The Bloomberg HT Consumer Confidence Index fell by 4.35 percent in August Güldem AtabayPosted on1 September, 2023 Following the sharp decline in July, the Bloomberg HT Consumer Confidence Index continued to experience … Continue ReadingTurkey’s consumer confidence continues to decline: The Bloomberg HT Consumer Confidence Index fell by 4.35 percent in August
Categories Economy HIGHLIGHTS Annual inflation in Istanbul skyrockets to 74.2 percent in August Güldem AtabayPosted on1 September, 2023 Istanbul experienced an 8.8% monthly inflation in August 2023, with sectors like transport seeing the … Continue ReadingAnnual inflation in Istanbul skyrockets to 74.2 percent in August
Categories Economy HIGHLIGHTS Economist praises interest rate hike in Turkey, but says “I’m not sure if rest will come” Güldem AtabayPosted on29 August, 2023 Internationally acclaimed economist Daron Acemoglu has said that a hawkish interest rate hike by Central … Continue ReadingEconomist praises interest rate hike in Turkey, but says “I’m not sure if rest will come”
Categories Economy HIGHLIGHTS Politics Turkish court blocks VOA Turkish over licensing issue Güldem AtabayPosted on29 August, 2023 A Turkish court blocked access to the Voice of America’s Turkish service due to a … Continue ReadingTurkish court blocks VOA Turkish over licensing issue
Categories Economy HIGHLIGHTS Turkey’s economic confidence index plummets in August Güldem AtabayPosted on29 August, 2023 The Turkish Statistical Institute (TUIK) released the economic confidence index data for August, revealing a … Continue ReadingTurkey’s economic confidence index plummets in August
Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: The world shocked by Central Bank rate hike Atilla YeşiladaPosted on25 August, 2023 Central Bank of Turkey’s outsized rate hike shocked experts and market participants at home and … Continue ReadingANALYSIS: The world shocked by Central Bank rate hike
Categories Economy HIGHLIGHTS Guldem Atabay: Turkey’s central bank is now talking: 750 bp rate hike along with further tightening promises Güldem AtabayPosted on24 August, 202324 August, 2023 In today’s Monetary Policy Committee (PPK) meeting, the Central Bank of Turkey (TCMB) implemented a … Continue ReadingGuldem Atabay: Turkey’s central bank is now talking: 750 bp rate hike along with further tightening promises
Categories Economy Finance General Monetary policy: Experimenting with dual interest rates Atilla YeşiladaPosted on24 August, 2023 We expect the CBRT interest rate hike to be around 200 basis points. The recent … Continue ReadingMonetary policy: Experimenting with dual interest rates
Categories Economy General HIGHLIGHTS Turkey’s consumer confidence sinks following fresh taxes on consumption Güldem AtabayPosted on23 August, 2023 Accelerating inflation, a depreciating Turkish lira, new taxes on consumption, and the brakes applied to … Continue ReadingTurkey’s consumer confidence sinks following fresh taxes on consumption
Categories Economy Finance HIGHLIGHTS Will the Central Bank be able to catch up with the market? Atilla YeşiladaPosted on22 August, 2023 Expectations are for 250 basis points increase Economists participating in the expectations survey of AA … Continue ReadingWill the Central Bank be able to catch up with the market?
Categories Economy HYPED Politics Erdoğan pledges to ‘eliminate inflation from daily life’ Atilla YeşiladaPosted on22 August, 2023 President Recep Tayyip Erdoğan has stated that his government is working to restore the purchasing … Continue ReadingErdoğan pledges to ‘eliminate inflation from daily life’
Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: Unruly inflation expectations complicate CBRT governor Erkan’s job Atilla YeşiladaPosted on21 August, 2023 Led by Gaye Erkan, Turkey’s Monetary Policy Council is meeting on 24 August Thursday to … Continue ReadingANALYSIS: Unruly inflation expectations complicate CBRT governor Erkan’s job
Categories Economy HIGHLIGHTS Politics Sock manufacturer’s ghost fleet: Turkish companies allegedly enable Russian sanction evasion Güldem AtabayPosted on18 August, 202318 August, 2023 Turkish company Beks Ship Management, originally in the sock manufacturing business, has allegedly become a … Continue ReadingSock manufacturer’s ghost fleet: Turkish companies allegedly enable Russian sanction evasion
